THE SINE QUO NON FOR RALLIES ON WALL STREET... IS NO LONGER "EARNINGS" WHICH ARE IN SHORT SUPPLY THESE DAZE...
BUT RATHER THE "OIL BASH" TRADES...
SOMEONE...PROBABLY ATTACHED TO THE FED...HAS BEEN GIVEN THE MEANS AND AUTHORITY TO REALLY BASH OIL...OVER AND OVER...
IT WILL TAKE A LOT OF OIL BASHING TO TEMPORARILY "SOLVE" BERNANKE INFLATION PROBLEM...AND THE PRINTING PRESSES ARE RUNNING 24.7 NOW...
WILL IT WORK...
TEMPORARILY...YES...
LONG TERM NO...
BUT THE "PLAN" IS TO GET THE RICH OUT OF THEIR TRADES AND THEIR "UNDER WATER" OPTION PLANS...
AND THEN... AND ONLY THEN...LET NATURE TAKE IT'S COURSE ON THE MAIN STREET SUCKERS...
THESE ARE "RALLIES FOR THE RICH"...NOT FOR MAIN STREET....
MAIN STREET GETS THE STAGNATION... WALL STREET GETS THE ASSET INFLATION IT SO DEARLY LOVES...
AND SO IT GOES...UNTIL THE PLUG IS PULLED...PROBABLY WITHIN A YEAR...THESE ARE ALL VERY SHORT TERM "FIXES" FOR THE UNSOLVABLE PROBLEMS OF THE US ECONOMY AND THE NOW PITIFUL DOLLAR.
